Karachi- Index heavy weight OGDC and MCB helped benchmark KSE-100 index to cross record 22,000 level.

At KSE-100 share index added 257.80 points or 1.18 per cent to stop the day at 22080.85 points compared to 21823.05 points of the last working day on Friday.

Samar Iqbal said once again low priced stocks remained speculators favorite as volume traded was abnormally high while value traded was closed to Rs.12b. BoP and BoP Right contributed more than 150 million shares. Low inflation number also helped investor sentiments.

KSE-All share index increased by 202.18 points or 1.32 per cent to finish the day at 15557.62 points or 15355.44 points, KSE-30 share index up by 245.54 points or 1.45 per cent to conclude the session at 17125.70 points while KMI-30 share index grew by 477.77 points or 1.27 per cent to close the day the day at 38120.45 points.

The day turnover of local equity market in term of shares was 572.607 million shares after opening at 646.604 million shares and the value of traded shares was reduced to Rs 11.744 billion from Rs 12.827 billion.

The capitalisation of stock market maintained at Rs 5.363 trillion after opening at 5.293 trillion of the previous session.

Trading took place in 391 companies where gainers beat the losers 216 to 159 while the value of 16 stocks not changed. Colgate Palmolive was the biggest price gainer of the day up by Rs 79 to Rs 1889 followed by Wyeth Pak increased by Rs 74.35 to Rs 1561.35. Pak Services and Island Textile were the biggest losers of the day decreased by Rs 19.40 to Rs 368 and Rs 17.70 to Rs 696.

On the first day of trading week Bank of Punjab (R) maintained top position in active list with 118.334 million shares as it closed at Rs 4.30 after opening at Rs 5.16. Bank of Punjab was on the second position with 38.544 million shares shed by Re 0.61 to Rs 14.19. It was followed by Fauji Cement with 25.150 million shares gained Re 0.39 to Rs 12.30, JS Company with 22.357 million shares up by Re. 0.12 to Rs 13.89 and TRG Pakistan Limited with 20.771 million shares off by Re 0.22 to Rs 11.59.